Kathmandu. Kalika Laghubitta has released its revised financial statements for the fourth quarter of the last fiscal year. The company has earned a net profit of Rs 108 million during this period. This amount is 36.42 percent more than the previous fiscal year.

The company had posted a net profit of Rs 79.2 million at the end of the last fiscal year. The company has earned a net interest income of Rs 381 million till the fourth quarter. This is an increase of 50.29 percent compared to Rs 253.5 million earned by the organization in the previous fiscal year. The organization has earned rs 4.82 million in other operating income.

The company’s net operating income has reached Rs 437.5 million. Similarly, operating expenses increased by 25.19 percent to Rs 283.3 million.

With a paid-up capital of Rs 407.6 million, the company’s retained earnings reached Rs 64 million and reserves reached Rs 288.3 million.

The deposit collection of the company is Rs 1.64 billion and loan disbursement is Rs 4.84 billion. The bad loan ratio of the organization has increased. The bad loan ratio has increased to 4.67 per cent from 3.79 per cent in the previous fiscal year.

During the review period, the company’s distributable profit stood at Rs 61.9 million and annually distributable earnings per share at Rs 15.19.